Category: Finance

Dutchess County-Poughkeepsie Land Bank awarded $1.07 million grant

Dutchess County-Poughkeepsie Land Bank awarded $1.07 million grant

October 28, 2025
Poughkeepsie, NY With a focus on promoting equitable development and revitalization in Dutchess County, the Dutchess County-Poughkeepsie Land Bank Corporation (DCPLB) has been awarded $1.07 million through the New York State
Arrow Real Estate Advisors arranges $14 million loan provided by Chase Bank

Arrow Real Estate Advisors arranges $14 million loan provided by Chase Bank

October 28, 2025
Bronx, NY Arrow Real Estate Advisors arranged financing for the acquisition of a nine-building multifamily portfolio. The financing was provided by Chase Bank, which originated a $14 million loan to facilitate the
MSquared completes $139 million first close for housing fund

MSquared completes $139 million first close for housing fund

October 28, 2025
Manhattan, NY MSquared, a women-owned real estate investment and development platform, made known a $139 million first close for its Equitable Housing Solutions Fund II (EHSF II), which will invest in the development of mixed-
Phillips of Largo Real Estate arranges $9 million loan

Phillips of Largo Real Estate arranges $9 million loan

October 28, 2025
Amherst, NY Jack Phillips, principal at Largo Real Estate Advisors, arranged a $9 million bank loan to refinance an 81,569 s/f industrial/office property. Built in 1989, the property is 100% occupied
ERG Commercial Real Estate arranges $8.5 million refinance on Staten Island industrial property

ERG Commercial Real Estate arranges $8.5 million refinance on Staten Island industrial property

October 14, 2025
Staten Island, NY ERG Commercial Real Estate has arranged a $8.5 million bridge loan to permanently refinance a large industrial property located in Staten Island. The property, at 501 Industry Road, is equipped with a 40,000 s/f industrial
Ariel Property Advisors' arranges $45 million financing package for acquisition and renovation of Cassa Hotel

Ariel Property Advisors' arranges $45 million financing package for acquisition and renovation of Ca...

October 14, 2025
Manhattan, NY Ariel Property Advisors’ Capital Services Group has arranged a $45 million financing package for the acquisition and renovation of the Cassa Hotel, a 166-key hotel with a retail condominium at 70 West 45th St. in Midtown.
Newmark arranges $230 million refinancing for 520-524 Bdwy.

Newmark arranges $230 million refinancing for 520-524 Bdwy.

October 14, 2025
Manhattan, NY Newmark has arranged a $230 million refinancing on behalf of Northwood Investors for 520-524 Bdwy, a collection of two historic mixed-use properties located in SoHo. Newmark co-president, global debt and structured finance Jordan Roeschlaub and vice chairman Nick Scribani secured the financing from Barings, which was led by Jonathan Neff.
Lorimer Capital closes $51 million construction loan for 126,500 s/f 29 Wythe Ave. development

Lorimer Capital closes $51 million construction loan for 126,500 s/f 29 Wythe Ave. development

October 14, 2025
Brooklyn, NY Lorimer Capital closed a $51 million construction loan secured by 29 Wythe Ave., a to-be constructed 126,500 s/f, four-story mixed-use development which will include retail, entertainment, hospitality and covered parking in Williamsburg. The project is being developed by Double U
Meridian Capital Group arranges $70 million refinance for 500,000 s/f office tower

Meridian Capital Group arranges $70 million refinance for 500,000 s/f office tower

October 14, 2025
Queens, NY Meridian Capital Group has arranged $70 million in financing for a 12-story, 500,000 s/f Class A office property located in Kew Gardens. The five-year, interest-only loan was
Ross of Largo Capital arranges $6.8 million refinancing

Ross of Largo Capital arranges $6.8 million refinancing

October 14, 2025
Montréal, QC Kevin Ross of Largo Capital Limited arranged the refinancing of a 6-storey heritage office building located in downtown Montréal. The property, which blends historic charm with modern functionality
JLL arranges $249 million financing for Anagram NoMad

JLL arranges $249 million financing for Anagram NoMad

October 14, 2025
Manhattan, NY JLL Capital Markets Group announced it has arranged $249.1 million in financing for Anagram NoMad, a 392-unit high-rise multifamily property located at 10 East 29th St
Phillips of Largo Real Estate completed a $1.85 million refinance

Phillips of Largo Real Estate completed a $1.85 million refinance

October 14, 2025
Arcade, NY Jack Phillips of Largo Real Estate Advisors, Inc. closed a $1.85 million permanent first mortgage to refinance the existing debt and closing costs for a 32-unit multifamily property
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